Winklevoss Effort to Self-Regulate Cryptocurrency Gets Members

Exchanges will use new association to push for standards, transparency

Several cryptocurrency exchanges have signed on to what appears to be the industry’s first self-regulatory organization, a step toward transparency in the notoriously opaque and volatile market.

The Virtual Commodity Association, a group founded by Cameron and Tyler Winklevoss of Gemini Trust Co., announced its first members Monday: Bittrex Inc.; bitFlyer USA, Inc., a unit of Japan’s bitFlyer Inc.; Bitstamp, Inc. and Gemini. Representatives from the firms will meet in September to begin setting goals for the association, including...

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